An activity which seeks to earn a profit by providing a good or service is known as a Business .
Related Questions
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d. Corporations are required to file federal income tax returns.
2. Characteristics of a corporation include
d. Shareholders who have limited liability
3. One of the main disadvantages of the corporate form is the
b. Double taxation of dividends
4. Under the corporate form of business organization
a. Ownership rights are easily transferred.
5. Those most responsible for the major policy decisions of a corporation are the
b. Board of directors.
6. Stockholders’ equity
d. Is shown on the income statement
7. The price at which a stock can be sold depends upon a number of factors. Which statement below is not one of those factors?
b. Investor expectations of the corporation’s earning power
8. Which of the following accounts below is reported in the paid-in capital/stockholders’ equity section of the corporate balance sheet?
b. Stock Dividends
9. The excess of issue price over par of common stock is termed a(n)
d. Premium
Given oppurtunity cost in an account. The family’s net profit is $10,000, but in accounting terms it would be ($10,000).
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The most important criteria of a good tracking method is that it is ______.
a.Comfortable
b.Computer compatible
c.Portable
d.Expensive
The answer is B which is computer compatible.
A family of computer models is said to be compatible if certain software that runs on one of the models can also be run on all other models of the family. The computer models may differ in performance, reliability or some other characteristic. These differences may affect the outcome of the running of the software.
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